Streetbeat News

Earnings

EFSC

Enterprise Finl Servs (NASDAQ:EFSC) is set to release its quarterly earnings report on 2023-07-24, with analysts estimating an EPS of $1.29. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $43.55, down 2.06% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:01 pm

WHR

Whirlpool (NYSE:WHR) is set to release its quarterly earnings report on Monday, 2023-07-24, with analysts estimating an EPS of $3.76. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $151.47, down 8.6% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 2:00 pm

AXP

BGLC

DWAC

EVLO

PMGM

RDHL

SASI

U.S. stocks traded higher with the Dow Jones gaining around 50 points. American Express Company (AXP) reported better-than-expected earnings for its second quarter and reaffirmed its FY23 outlook. Digital World Acquisition Corp. (DWAC), Evelo Biosciences, Inc. (EVLO), and BioNexus Gene Lab Corp (BGLC) saw their shares rise significantly. Sigma Additive Solutions, Inc. (SASI), RedHill Biopharma Ltd. (RDHL), and Priveterra Acquisition Corp. (PMGM) experienced a drop in their shares.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 1:53 pm

BTM

Bitcoin Depot reported its Q2 preliminary revenues and provided guidance for 2023, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 21, 2023 | 1:53 pm

AutoNation Inc reported Q2 FY23 sales growth of 0.3% YoY to $6.89 billion, beating the analyst consensus. New vehicle retail unit sales increased 8%, while used vehicle retail unit sales declined 11%. Gross profit declined 2% YoY to $1.33 billion, and net income declined 28% YoY. The company repurchased 1.6 million shares for $207 million in Q2. Despite the strong performance, AN shares are trading lower by 6.26%.

Portfolio Pulse from Shivani Kumaresan

July 21, 2023 | 1:49 pm

WW International has an option alert for October 20 $10 calls sweep near the midpoint with 2000 at $0.937 versus 1894 open interest. The company's earnings will be announced on August 3 after the market closes. The reference price is $8.14.

Portfolio Pulse from Charles Gross

July 21, 2023 | 1:48 pm

NKSH

National Bankshares reported Q2 earnings of $0.58 per share, missing the analyst consensus estimate of $0.73 by 20.55%. This is a 37.63% decrease from the same period last year. The company also reported quarterly sales of $12.01 million, missing the analyst consensus estimate of $12.80 million by 6.19%. This is a 10.30% decrease from the same period last year.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 1:47 pm

TSLA

Tesla shares traded lower after reporting Q2 results, despite beating Street estimates. However, options traders are betting on the stock rebounding above $400 by September. Tesla's Q2 revenue was $24.93 billion, up 47% YoY, beating a consensus estimate of $24.48 billion. The company also reported a profit of 91 cents per share, surpassing an estimate of 82 cents per share.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 1:43 pm

ALV

AXP

CMA

HBAN

IPG

ROP

SLB

SXT

WRLD

Several companies are scheduled to report their quarterly earnings on July 21, 2023. These include AutoNation, Autoliv, SLB, World Acceptance, American Express, Huntington Bancshares, Interpublic Gr of Cos, Comerica, Regions Finl, Roper Techs, and Sensient Technologies. The earnings per share and revenue projections for each company have been provided.

Portfolio Pulse from Benzinga Insights

July 21, 2023 | 1:42 pm

BIIB

SCHW

On CNBC's 'Halftime Report Final Trades', Joshua Brown of Ritholtz Wealth Management named Biogen Inc. as the 4th cheapest stock in the Health Care Select Sector SPDR Fund XLV. Karen Firestone of Aureus Asset Management mentioned The Charles Schwab Corporation, which trades at 16 times next year’s earnings. Amy Raskin of Chevy Chase Trust named The Goldman Sachs Group, Inc. as her final trade. Goldman Sachs reported a 60% Y/Y plunge in second-quarter EPS, missing consensus.

Portfolio Pulse from Lisa Levin

July 21, 2023 | 1:34 pm